Need Advice: Bought #TRUMP at $16.78, Now Facing Over $188 Loss – Sell or Hold?
Hey everyone, I could really use some guidance here.
A few days ago, I bought #TRUMP at $16.78, hoping for a decent upside. Unfortunately, the price has been dropping steadily since then. As of now, I’m sitting on a loss of more than $188.
My past experiences in similar situations are telling me to cut my losses and sell before it gets worse. But part of me is also wondering if I should hold and wait for a potential rebound.
I’m stuck between two options:
1. Sell now and accept the loss to avoid further damage.
2. Hold on and hope the market turns around.
I’d really appreciate any thoughts, especially from those who’ve been in a similar situation or are following $TRUMP closely. What would you do in my place?
Thanks in advance!